Sold STC Terraced

20 IPSWICH ROAD

IPSWICH, NEEDHAM MARKET, SUFFOLK IP6 8EH

2 beds 1 baths 678 sq ft Listed 27 Jul 2023 (-1046d)

£160,000

Guide Price

Reduced on 22 Aug 2023

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Property details

Tenure

FREEHOLD

Floor area

63 m²

EPC rating

D

Year built

England and Wales: 1900-1929

Last sold

£145,000 Dec 2023

Price per m²

£2,540/m²

Local average

£235,078 (-31.9%)

Deprivation

Decile 9 (29,165 of 33,755)

Street crime

29 incidents within 1 mile (Mar 2026)

Key features

  • Renovation & updating required
  • No onward chain
  • Rear cottage gardens
  • Within easy reach of amenities

Additional details

Garden
Yes

Description

Description ** An opportunity to acquire a characterful yet unlisted two bedroom terraced cottage in the heart of Needham Market.

The property requires renovation and updating and is offered with no onward chain.

Other notable benefits include rear cottage gardens.

The accommodation comprises: Sitting room, dining room, kitchen, rear hall, bathroom, first floor landing and two bedrooms. 

About the Area Needham Market is a desirable small town situated in the heart of Mid Suffolk between the towns of Bury St Edmunds and Ipswich. There are a range of everyday amenities and individual shops including butcher, baker, tea shops/cafes, public houses, take-away restaurants, a post office and a Co-op supermarket. There is also a library, community centre, dentist and a good local primary school. Alder Carr Farm offers fresh farm food for sale and a restaurant.

Needham Market also has good transport links with bus and train services into Stowmarket and Ipswich, where there are mainline services to London Liverpool Street Station. A range of events are held throughout the year, including street fairs and raft racing at Needham Lake which is a Conservation Area with a number of countryside walks.

The nearby towns of Stowmarket, Bury St Edmunds and Ipswich provide further amenities, recreational and cultural facilities and a range of individual high street stores.

The accommodation in more detail comprises: 

Front door to:  

Sitting Room Approx 12'2 x 11'10 (3.70m x 3.60m) Window to front aspect, feature inset with brick surround, electric fire and wooden mantel over, door opening to staircase, open studwork and step down to: 

Dining Room Approx 13'5 x 8'4 (4.10m x 2.55m) Window to rear aspect and door to: 

Kitchen Approx 8'7 x 7'5 (2.61m x 2.25m) Fitted with a matching range of wall and base units with worktops over and inset with sink, drainer and chrome mixer tap. Window to side aspect, extractor, space for washing machine and cooker, housing for electric boiler and door to: 

Rear Hall Personnel door to side, linoleum flooring and door to: 

Bathroom Coloured suite comprising w.c, hand wash basin, panelled bath, partly tiled walls, extractor and window to side aspect. 

First Floor Landing Access to loft, housing for electric meters and doors to: 

Master Bedroom Approx 12'2 x 8'10 (3.71m x 2.69m) Double room with window to front aspect and door to storage cupboard with shelving. 

Bedroom Two Approx 12'2 x 8'4 (3.70m x 2.55m) Window to rear aspect and door to storage cupboard. 

Outside The property fronts a main thoroughfare into Needham Market and enjoys an attractive red brick frontage.

To the rear is a courtyard which in turn has a gate opening into a shared service area leading to the private rear gardens (slightly detached from the property), which are predominantly lawned as well as incorporating a sun terrace and boundaries are defined by fencing and hedging. 

Local Authority Mid Suffolk District Council 

Council Tax Band - A  

Services Mains water, drainage and electricity. Electric heating. 

Disclaimer ** Town & Village Properties (and its subsidiaries and their joint Agents where applicable) for themselves and for the vendors or lessors of this property for whom they act, give notice that (I) these particulars are a general outline only for the guidance of prospective purchasers or tenants, and do not constitute the whole or any part of an offer or contract (II) Town & Village Properties cannot guarantee the accuracy of any description, dimensions, references to conditions, necessary permissions for use and occupancy and other details contained herein and prospective purchasers or tenants must not rely on them as statements of fact or representations and must satisfy themselves as to their accuracy, (III) No employee of Town & Village Properties (and its subsidiaries and their joint Agents where applicable) has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property, (IV) Town & Village Properties (and its subsidiaries and their joint Agents where applicable) will not be liable in negligence or otherwise, for any loss arising from the use of these particulars and Town & Village Properties (and its subsidiaries and their joint Agents where applicable) have not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor, (V) Photographs will only show certain parts of the property and assumptions should not be made in respect of those parts of the property that have not been photographed. (Items or contents shown in the photographs are not included as part of the sale unless specified otherwise. It should not be assumed the property will remain as shown in the photograph. Photographs are taken using a wide-angle lens. 

Listed by

Needham Market

Town & Village Properties

Reference: 137937551

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 18/07/2023

Current heating cost: £1,747/year

Potential heating cost: £998/year

Est. upgrade cost to C: £23,900

Recommendations

  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Upgrade heating controls (£350 - £450)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC Front Page

EPC Front Page

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #6878978

Property Details

Street: 20 Ipswich Road

Town: Needham Market

Postcode: IP6 8EH

Installation Details

Items: 2 windows

Certificate Issued: 06/10/2009

Work Completed: 24/08/2009

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event Date Price % change
Sold 05/12/2023 (2 years ago) £145,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
17 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AL £350,000 17/12/2025 Terraced
FOX MALTINGS 1 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AP £178,000 20/06/2025 Terraced
FOX MALTINGS 4 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AP £195,000 31/03/2025 Terraced
17 IPSWICH ROAD, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8EQ £205,000 28/03/2025 Terraced
53 PINECROFT WAY, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8HB £200,000 15/12/2023 Terraced
18 MORRIS WAY, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8TD £210,000 29/09/2023 Terraced
97 HARGRAVE AVENUE, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8ES £270,000 19/05/2023 Terraced
26 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AP £421,000 21/04/2023 Terraced
2 MORRIS WAY, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8TD £155,000 30/03/2023 Terraced
18 LUPIN WAY, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8TA £232,500 16/12/2022 Terraced
37 JUBILEE CRESCENT, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AT £320,000 30/11/2022 Terraced
8 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AP £350,000 18/10/2022 Terraced
20 PINECROFT WAY, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8HB £283,000 16/09/2022 Terraced
7 PHILLIPS CRESCENT, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8TF £297,500 08/09/2022 Terraced
THE COTTAGE, 14 JUBILEE CRESCENT, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AT £410,000 05/08/2022 Terraced
19 JACKSON WAY, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8TJ £215,000 09/06/2022 Terraced
1 CODDENHAM ROAD, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AU £198,000 13/05/2022 Terraced
23 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AL £405,000 07/01/2022 Terraced
19 HIGH STREET, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8AL £400,500 07/01/2022 Terraced
5 BARKING ROAD, NEEDHAM MARKET, IPSWICH, MID SUFFOLK, SUFFOLK, IP6 8EN £225,000 09/12/2021 Terraced

Area average: £276,025 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -3.5%
10y growth 7.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Mid Suffolk. Series: Terraced. As of March 2026.

1y (index) 2.2%
5y (index) 11.6%
10y (index) 33.3%

Rental Range

Estimated market rent for Mid Suffolk. Low = conservative, Realistic = average, Optimistic = best case.

Low £885/mo
Realistic £983/mo
Optimistic £1,081/mo

Based on Local Authority from postcode lookup → Mid Suffolk.

LHA (30th percentile) floor for Ipswich: £715/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Coop Daily 0.1 miles
Shop Charity Shop 0.1 miles
Bus stop The Swan 0.1 miles
Train station Needham Market 0.2 miles
Train station Stowmarket 3.6 miles
University Suffolk Rural Campus (Suffolk New College) 6.9 miles
University University of Suffolk 8.2 miles
Hospital Ipswich Hospital 8.8 miles
Hospital Nuffield Hospital Ipswich 10.2 miles

Street-level crime

Category Count
Violence and sexual offences 9
Anti-social behaviour 5
Vehicle crime 5
Shoplifting 4
Public order 3
Bicycle theft 1
Other crime 1
Other theft 1
Total incidents 29

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Bosmere Community Primary School Primary 0.4 miles Good — 12 Feb 2020
Creeting St Mary Church of England Voluntary Aided Primary School Primary 1.4 miles Good — 24 May 2012
Trinity Church of England Voluntary Aided Primary School Primary 2.8 miles Good — 23 Jun 2019
Combs Ford Primary School Primary 3.0 miles Good — 21 Jul 2011
Ringshall School Primary 3.2 miles Good — 2 Jul 2019

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed End Terrace, Stowmarket Road, IP6 £925/mo 2 0.45 miles OpenRent
2 Bed Terraced House, Victoria Gardens, IP6 £1,100/mo 2 0.55 miles OpenRent

Average rent: £1,013/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.63%
Max investor price (0.8%) £126,625
Target investor price (1%) £101,300
Gross yield 7.6%
Cost-to-rent ratio 13.2×
Monthly cashflow £257/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).